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SBG 2020 Annual Results

Financial results for the year ended to 31 December 2020

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A message from the FD

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Annual Integrated Report

2020 Annual Results Highlights

HEADLINE EARNINGS(Rm)

43%

15 945

FY19: R28 207 million

PRE-PROVISION PROFIT(Rm)

6%

45 399

FY19: R48 126 million

HEADLINE EARNINGS PER SHARE(HEPS)

43%

 1 003

FY19: 1 767 cents

NET ASSET VALUE PER SHARE

3%

11 072

FY19 10 742 cents

RETURN ON EQUITY(ROE)

 

8.9%

FY19: 16.8%

COST TO INCOME RATIO

 

58.2%

FY19: 56.4%

CREDIT LOSS RATIO(CLR)

 

151 bps

FY19: 68 bps

COMMON EQUITY TIER 1 RATIO

 

13.3%

FY19: 14.0%

SBG 2021 Annual General Meeting - 27 May 2021

09h00

STANDARD BANK GROUP LTD SHARE PRICE ON THE JSE

Please be aware of a 15 minute delay on this reading

ZAR

R 123.30

Source: JSE LTD

MESSAGE FROM THE FD

2020 was dominated by the Covid-19 pandemic. It placed considerable strain on our retail, business and corporate clients, particularly in South Africa. While our results for the 12 months to 31 December 2020 reflect the very difficult operating environment, they also reflect the group’s resilience. Our diverse client base and varied revenue streams provided a cushion to higher credit charges.

Our value proposition

The successful execution of our strategy will deliver a robust business capable of creating sustainable value for all our stakeholders over the long term.

INVESTING IN THE GROUP
Who we are

An African focused, client-centred, digitally enabled integrated financial solutions provider, which drives Africa’s growth and creates value for all our stakeholders.

Key focus areas

These work together to ensure we offer our clients everything they need in the most effective way possible. This is the way we work and the way we win.

Where we are

Presence in 20 sub-Saharan African countries, offices in five key global centres, offshore financial services and a strategic partnership with ICBC.

Measuring our progress

We continue to focus on our key performance indicators ensuring we measure what matters most in delivering our strategy.

RESULTS AND PRESENTATIONS

Our latest reports, disclosures and presentations

ANNUAL REPORTS

The full 2019 suite